Um, no they don't. ABQQ RENTS a movie theater. But, they don't OWN it. Big difference.
ABQQ has 881 million outstanding shares. Unrestricted shares 769 million.
That is a crap ton of shares. And growing each and every day.
Revenues for the year ended August 31, 2022 increased 2446% to $2,928,000, as compared to $115,091 for Fiscal 2021.
Maybe. But how much profit have they made from that revenue? Less than zero.
NO NOTES @ABIntlGroup $ABQQ announced efforts to go back trade on QB ASAP
With the minimum stock price of $0.01, ABQQ will never get back onto the QB without a massive RS. They came out and said they were going to do one, Then said they weren't. You can't believe a word ABQQ says.
ABQQ CEO paid 2 dolllars per share to buy 600,000 shares common shares. He paid 1.2 million dollars just for 600,000 shares
How long ago was that? Plus, he should put some money back into ABQQ. If you look at it from how much value he has added to ABQQ, he's basically stolen money from ABQQ for years.
ABQQ---Currently in negotiations to potential acquisitions of 10 locations 72 screens
And how are they going to do that? ABQQ is broke. They don't have any money, let alone that kind of money. They talk a big game, but have no idea what they are doing.
4) The company says: NO NOTES @ABIntlGroup $ABQQ announced efforts to go back trade on QB ASAP. The company is immediately stops issuance any convertible debt or preferred yued. Will keep investors posted update progress. 8:10 AM · Oct 12, 2022 ......
5) ABQQ CEO paid 2 dolllars per share to buy 600,000 shares common shares. He paid 1.2 million dollars just for 600,000 shares. Here is the link .